Dec 5, 2012 5:30pm PST
% dead. ♪ >> ifill: and we close with a remembrance of jazz great dave brubeck who died today, one day shy of his 92nd birthday. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: the nation's third- largest bank, citigroup, announced big job cuts as it continues to scale back in the wake of the financial crisis. the 11,000 employees to be laid off worldwide, make up about 4% of the company's workforce. more than 6,000 of those jobs are in consumer banking. the move comes less than two months since a shakeup at citi ousting former c.e.o., vikram pandit. he was succeeded by michael corbat. the bank nearly collapsed during the crisis and ultimately received bailouts totaling $45 billion, money that citi has since repaid. roben farzhad has long watched the changes at citi for bloomberg "businessweek"